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A company wants to open one or two new branches in a different city, use Realism (Hurwicz) criterion to make a decision based on the

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A company wants to open one or two new branches in a different city, use Realism (Hurwicz) criterion to make a decision based on the table below (use a = 0.4), explain every step until decision is reached : FAVORABLE MARKET UNFAVORABLE MARKET ALTERNATIVE ($) ($) 100,000 -120,000 Open a two new branches Open one branch only Do nothing 50,000 -10,000 0 0 Answer 17 A B I E = SS

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